CADCHF got rejected by the major support at 0.73875. The pair broke to the upside the descending trend line of the descending channel. Before the breakout there was a double bottom formation at 0.73675 and a divergence on RSI on H4 and a hiddendivergence on H1
I am expecting an upside movement to 0.74450 with an entry if there is a retracement at 0.74220 and a stop at 0.73940
I am expecting an upside movement to 0.74450 with an entry if there is a retracement at 0.74220 and a stop at 0.73940
Trade closed: stop reached